Naming ceremony held for 2 newbuilding LNG carriers to serve QatarEnergy REX TILLERSON and UMM GHUWAILINA

September 12, 2024
The naming ceremony credit:MOL

1 and 2 Vessels in the World’s Largest LNG Shipbuilding Progra

Mitsui O.S.K. Lines,announced that on September 10, the naming ceremony of the new LNG carriers REX TILLERSON and UMM GHUWAILINA—the first and second vessels, respectively, built and chartered as part of QatarEnergy’s historic LNG fleet expansion program, was held at the Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. shipyard in China.

page1image53540192 page1image36789776

Newbuilding LNG carriers: REX TILLERSON, left, UMM GHUWAILINA, right

The first vessel was named the REX TILLERSON and the second the UMM GHUWAILINA, at a naming ceremony witnessed by H.E. Mr. Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs, the President and CEO of QatarEnergy, Mr. Takeshi Hashimoto, the President & CEO of MOL, and special guests, dignitaries and a delegation from QatarEnergy, MOL, and Hudong-Zhonghua shipyard. The REX TILLERSON is named in honor of the former Chairman and CEO of ExxonMobil, and who, during his tenure, made significant contributions to the development of Qatar’s LNG industry. The UMM GHUWAILINA was named after a historic district in Doha, the capital of the State of Qatar.

Both vessels will be under long-term charter contracts with QatarEnergy Trading (Note). [Main specifications of the REX TILLERSON/UMM GHUWAILINA]page2image47263360 page2image47262592

Main dimensions

Tank type
Main engine
Shipyard
Ship management company

LOA: 299.0m; Breadth: 46.4m; Draft: 12.5m 174,000m3 membrane
X-DF 2.1 iCER Diesel
Hudong-Zhonghua

MOL LNG Ship Management Pte. Ltd.page2image47265664 page2image47262208  page2image47265472page2image47266432

In the “BLUE ACTION 2035” management plan launched in March 2023, the MOL Group is pursuing business portfolio reforms to ensure profitability even during shipping recessions by increasing the weight of non-shipping businesses and expanding stable revenue businesses, and the expansion of the LNG carrier fleet, including this project, is part of that initiative.

MOL will leverage its experience and expertise as one of the world’s largest shipping companies to develop various social infrastructure businesses, technologies, and services, centering on ocean transport, to meet the needs of a wide range of customers throughout the group. It aims to become a global social infrastructure company, a strong and resilient corporate group that supports people’s daily lives from the blue oceans, ensures a prosperous future, and delivers new value to all of its stakeholders.

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